Quote:
Originally Posted by mntbiker
I think most people would tell you to put the $3k cap cost reduction towards multiple security deposits instead. Will still help to get your monthly payment down (although not as much), but you get the money back at the end and there's no risk of losing it if you total the car. (Plenty of threads on lease down-payments which go into more detail.)
(MSDs: http://www.bmwconfig.com/post/2011/0...nvestment.aspx)
Also, looks like you are considering the $500 loyalty turn key as part of your rebates. BMW will pay "up to $500" of your first monthly payment. So, if your payment is $3xx, then that's all you'll get. Also, there are some other conditions for this rebate... fine print here: |
Thanks for the awesome feedback on that! very helpful and a great way to save money. I will look into details going about a security deposit.